Risk Quantitative Analyst/Senior Risk Quantitative Analyst (RICHMOND, VA, US, 23219)

Dominion Energy

Experience: 2+ yrs
Location: Richmond, Virginia, United States
Job type: Full-time

Required skills

SAS
SQL
R
Python
Snowflake
C/C++
Java
Visual Basic
HTML

About the role

Dominion Energy is committed to providing reliable, affordable, and increasingly clean energy that powers our customers every day. If you want to work for a purpose-driven company that values safety and collaboration, we’re looking for you. You won’t just find a job here; you’ll find your career. Review the position below and apply today.

We offer a hybrid 3-2 work schedule (three days in the office, two days of teleworking) to accommodate the need for flexibility.

Military service members and veterans with ranks from E3-E5, W1-W2, or O1-O3, plus appropriate equivalent combination of education and years of experience as outlined below will be considered for this opportunity.

At this time, Dominion Energy cannot transfer or sponsor a work visa or employment authorization for this position.

This position does not offer relocation assistance.

Job Summary

There is one position available which will be filled at the level commensurate with the successful candidates' education, experience, knowledge skills, and abilities.

Risk Quantitative Analyst Primary Focus: Intermediate-level role focused on learning and applying fundamental risk analysis techniques. Responsibilities: Assist in developing and maintaining commodity and financial valuation models. Perform basic analysis of market prices and correlations. Support senior analysts in deconstructing complex deals. Update and maintain SAS code, databases, and reports under supervision. Write SQL queries for data retrieval as required. Present findings to internal stakeholders with guidance. Write reports to support team and management.

Senior Risk Quantitative Analyst Primary Focus: Senior-level role with increased responsibility and independence in risk analysis and model development. Responsibilities: Lead the development and refinement of pricing models to generate mark-to-market (MTM) values for commodity transactions. Conduct in-depth analysis of market prices and correlations. Independently deconstruct complex deals and identify risk components. Update, maintain, and ensure the accuracy and integrity of SAS code, databases, and reports. Write SQL queries for data retrieval as required. Present and explain valuations and models to both internal and external stakeholders, including auditors and regulators. Write reports to support team and management.

Required Knowledge, Skills, Abilities & Experience

Risk Quantitative Analyst 2-3+ years of experience in commodity and financial valuation models for standard and complex trading products. Analytical skills, including the ability to decompose potential and existing transactions into their risk components and ensure accurate valuation for internal analysis and mark-to-market valuation. Knowledge of options and the Greeks (delta, gamma, vega, theta, rho) and their effects on physical/financial positions and valuations. Knowledge of financial mathematics, risk management, trading products, hedging strategies, the energy industry, regulatory requirements, and accounting standards and practices. Experience with econometric/statistical modeling. Skills: Organizational, interpersonal, verbal and written communication, analytical. Aptitude for continuous learning. Proficiency in computer spreadsheet and database applications. Extensive experience and proficiency in programming languages such as SAS, SQL, R, Python, Snowflake, C/C++, Java, Visual Basic, and HTML. Energy or utility experience preferred but not required.

Senior Risk Quantitative Analyst 5+ years of experience in financial valuation models for standard and complex trading products. Quantitative background with the ability to understand and apply valuation methodologies to complex transactions, as well as develop and validate advanced methodologies beyond current industry standards. Analytical skills, including the ability to decompose potential and existing transactions into their risk components and ensure accurate valuation for internal analysis and mark-to-market valuation. Knowledge of options and the Greeks (delta, gamma, vega, theta, rho) and their effects on physical/financial positions and valuations. Knowledge of financial mathematics, risk management, trading products, hedging strategies, regulatory requirements, and accounting standards and practices. Experience with econometric/statistical modeling. Skills: Organizational, interpersonal, verbal and written communication, analytical. Aptitude for continuous learning. Proficiency in computer spreadsheet and database applications. Extensive experience and proficiency in programming languages such as SAS, SQL, R, Python, Snowflake, C/C++, Java, Visual Basic, and HTML. Energy or utility experience preferred but not required.

Education Requirements

Required Degree (equivalency not accepted in lieu of required degree): Bachelor
Master's or PhD preferred

Preferred Disciplines: Business, Economics, Finance, Mathematics, and/or Financial Mathematics

Licenses, Certifications, or Quals Description

Working Conditions

Office Work Environment 76 -100%

Travel Up to 25%

Other Working Conditions

Test Description

No Testing Required

Export Control

Certain positions at Dominion Energy may involve access to information and technology subject to export controls under U.S. law. Compliance with these export controls may result in Dominion Energy limiting its consideration of certain applicants.

Other Information

We offer excellent plans and programs for employees. Employees are rewarded with a competitive salary and comprehensive benefits package which may include: health benefits with coverage for families and domestic partners, vacation, retirement plans, paid holidays, tuition reimbursement, and much more. To learn more about our benefits, click here dombenefits.com.

Dominion Energy is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin and/or status as a protected veteran or individual with a disability.

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About Dominion Energy

Provides regulated electric and natural gas utility services.

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